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Annual Report of the Comptroller, 1987
Volume 351, Page 82   View pdf image (33K)
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STATE OF MARYLAND
Schedule of Ratio of Annual Debt Service for General
Long-Term Debt to Total General Expenditures
Last Ten Fiscal Years

 

  

(Expressed in Thousands)

   

Ratio of
Debt Service

     

Total

 

to General

Fiscal

   

Debt

Total General

Expenditures

Year

Principal

Interest

Service

Expenditures(2)

(Percent)

1987

$258,395

$185,684

$444,079

$6,626,656

6.70%

1986

254,525

201,355

455,880

6,232,105

7.32

1985

226,445

207,037

433,482

5,618,058

7.72

1984

228,760

197,217

425,977

5,255,843

8.10

1983

192,625

183,703

376,328

4,907,011

7.67

1982

184,830

166,483

351,313

4,719,043

7.44

1981

173,015

142,853

315,868

4,726,965

6.68

1980

159,985

133,910

293,895

4,198,951

7.00

1979

133,969

135,841

269,810

3,766,208

7.16

1978

149,739

133,582

283,321

3,323,034

8.53

(1) Excludes $60,000,000 of Bond Anticipation Notes for the Department of Transportation which were refinanced in the fiscal year 1983 and 1982,
respectively.

(2) Total general governmental expenditures plus net operating transfers less capital outlays
Source: General Accounting Division, State Comptroller's Office

STATE OF MARYLAND

Schedule of Revenue Bond Coverage
Last Nine Fiscal Years

(Expressed in Thousands)

 

  

MARYLAND

TRANSPORTATION

AUTHORITY

     
   

Direct

Net Revenue
Available

 

Debt Service '.

Requirements

 

Fiscal

Gross

Operating

For Debt

       

Year

Revenues

Expenses

Service

Principal

Interest

Total

Coverage

1987

$100,235

$27,731

$72,504

 

$17,236

$17,236

4.21

1986

90,639

24,259

66,380

$1,180

12,794

13,974

4.75

1985

74,343

20,794

53,549

1,105

7,709

8,814

6.08

1984

71,549

18,950

52,599

1,035

7,764

8,799

5.98

1983

67,411

17,759

49,652

970

7,815

8,785

5.65

1982

65,014

16,713

48,301

905

7,861

8,766

5.51

1981

63,797

15,436

48,361

850

7,903

8,753

5.53

1980

60,763

13,597

47,166

795

7,941

8,736

5.40

1979 (1)

50,591

11,073

39,518

745

7,975

8,720

4.53

(1) Presented for the period August 24, 1978 through June 30, 1979, the period since the operations of its transportation facilities were combined.
Source: Maryland Transportation Authority.

82

 

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Annual Report of the Comptroller, 1987
Volume 351, Page 82   View pdf image (33K)
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